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suter [353]
3 years ago
10

Sondra thinks the new business contract she signed with her business partner is valid. Both parties are legally competent, the c

ontract has a legal purpose, an offer was made and accepted, and a fee has been negotiated and documented. Which essential element of a valid contract has Sondra not yet considered
Business
1 answer:
DanielleElmas [232]3 years ago
7 0

Answer: Whether consent was voluntary

Explanation:

From the question, we are informed that Sondra thinks the new business contract she signed with her business partner is valid. We are further told that both parties are legally competent, the contract has a legal purpose, an offer was made and accepted, and a fee has been negotiated and documented.

The essential element of a valid contract has Sondra not yet considered is whether consent was voluntary. This is important as they je must not be forced to sign a contract.

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What are the three ways the argument section of a cover letter can be formatted
Alexus [3.1K]
You can write a cover letter argument in a bullet point list. A paragraph is an easy way to summarize your argument. Using bullet points is a good way to focus your arguments and have strong facts.
3 0
3 years ago
A company currently pays a dividend of $2.8 per share (D0 = $2.8). It is estimated that the company's dividend will grow at a ra
Vinil7 [7]

Answer:

Intrinsic value: 53.41 dollars

Explanation:

First, we use the CAPM model to know the value of the stock

Ke= r_f + \beta (r_m-r_f)  

risk free 0.085

premium market =(market rate - risk free) = 0.045

beta(non diversifiable risk) 1.3

Ke= 0.085 + 1.3 (0.045)  

Ke 0.14350

Now we need to know the present value of the future dividends:

D0 = 2.8

D1 = D0 x (1+g) = 2.8 * 1.23 = 3.444

D2 3.444 x 1.23 = 4.2361200

The next dividends, which are at perpetuity will we solve using the dividned grow model:

\frac{divends}{return-growth} = Intrinsic \: Value

In this case dividends will be:

4.23612 x 1.07 = 4.5326484

return will be how return given by CAPM and g = 7%

plug this into the Dividend grow model.

\frac{4.5326484}{0.1435 - 0.07} = Intrinsic \: Value

value of the dividends at perpetity: 61.6686857

FInally is important to note this values are calculate in their current year. We must bring them to present day using the present value of a lump sum:

\frac{Principal}{(1 + rate)^{time} } = PV

\frac{3.444}{(1 + 0.1435)^{1} } = PV

3.011805859

\frac{4.23612}{(1 + 0.1435)^{2} } = PV

3.239633762

\frac{61.6686857}{(1 + 0.1435)^{2}} = PV

47.16201531

We add them and get the value of the stock:

53.413455

5 0
3 years ago
Felice bought a duplex apartment at a cost of $165,000. Her mortgage payments on the property are $1,520 per month $666 of which
ivanzaharov [21]

The Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is <em>$8,516</em>.

Data and Calculations:

Cost of a Duplex Apartment = $165,000

Monthly mortgage payments = $1,520

Deductible mortgage payment = $666

Annual Real Estate Taxes = $1,752

Annual Insurance costs = $1,464

Annual Maintenance costs = $1,230

Annual profit expected = $2,550

Rent to charge = PITI + Profit

= $8,516 ($1,520 - $1,752 - $1,464 - $1,230 + $2,550)

Thus, the Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is <em>$8,516</em>.

Learn more about PITI here: brainly.com/question/1395659

8 0
3 years ago
True or False? The United States does not have publicly financed health insurance specifically for the unemployed.
iren [92.7K]

Answer:

True

Explanation:

The United States has no single nationwide system of health insurance.

In the event that an employed worker's spouse loses his/her job to lay-off, the insurance premium financed by the active worker for this family coverage should provide basic health benefits to unemployed workers and their dependents because government does not provide for such category of active group except for senior citizens.

Health insurance is purchased in the private marketplace or provided by the government to certain groups. Private health insurance can be purchased from various organizations such as profit commercial insurance companies or from non – profit insurers.

3 0
3 years ago
Cleveland Company purchased $2,700 of inventory on account from Pinto Industries on March 8th. The terms were 2/15, n/45. Clevel
Gala2k [10]

Solution:

Accounts Payable          $2900

Cash                                $2691

Inventory                         $209

Cleveland didn't pay during the discount period,  

So the amount due is $2,700 - 450 = $2,250

Cash was charged in freight charges prior to delivery of the invoice.

4 0
3 years ago
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